ZF Sachs Suspension

Type
Closure
Country
France
Region
Hauts-de-France; Picardie; Oise
Location of affected unit(s)
Mouy
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
219 jobs
Number of planned job losses
Job loss
Announcement Date
26 February 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

A French subsidiary of the German manufacturer of automotive equipment and motors, ZF Sachs, announced the closure of its site in Mouy (Oise) employing 219 people by the end of 2009. The decision to close the site is a response to a decline experienced in the activity since 2001 following the pull out of Renault among its main clients, amplified by the crisis in the automotive sector.

In 2006 the workforce had been reduced as a result of offshoring, with part of the production going to Turkey and Poland.

Sources

Citation

Eurofound (2009), ZF Sachs Suspension, Closure in France, factsheet number 68801, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68801.